

China is a socialist country
I thought we had agreed that China has not yet built socialism.
Yes, I agree with you that Lenin allocated a great deal of time to the transitional period, but Stalin proved otherwise.
China isn’t an angel, but it isn’t a predator either.
Yes, not entirely a predator—I agree. It’s very simple: China will cease to be a predator once it completely eradicates the capitalists within its own country.
We seem to have agreed on that point too, Comrade. The question is whether China will manage to do so before it becomes a hegemon—or rather, to put it in terms that are clearer to you, before it becomes the one dictating the rules of the game. That is what worries me.
This does not mean they will deliberately accept deals they can benefit more from.
This does not mean they will deliberately accept deals they can benefit more from.
Yes, I base my argument on the Soviet model, while you base yours on the Chinese one.
The prevailing view is that the Chinese model is superior because it survived.
This leads us to a simple conclusion: there were things Mao managed to do that Stalin did not—actions that ultimately prevented the system’s collapse.
Mao built a rigid vertical power structure that has withstood Western attacks to this day; China held firm thanks to the foundations Mao laid.
Let’s break it down.
The fact is, the USSR did not engage in classic private foreign direct investment (FDI) because it lacked a market economy. Instead, it implemented large-scale state programs of economic and technical assistance. The USSR signed agreements with 37 countries and built around 600 industrial, energy, and infrastructure facilities.
That is what foreign economic relations between the USSR and other countries looked like—taking Africa as an example.
African nations did not pay in cash; instead, they used a barter system, supplying the USSR with goods produced in Africa that were unavailable in the Soviet Union. Similar economic arrangements existed with Cuba and the Warsaw Pact countries. Settlements were calculated using a notional unit of account.
Furthermore, the USSR exported socialism to each of these countries and subsequently provided unwavering support for that political system.
As for China: in my view, as long as capitalism remains a factor in foreign economic relations, that “aquarium” will be teeming with sharks! And it goes without saying—it is a rhetorical question—that those sharks couldn’t care less about socialism.
I know you’re an optimist, Comrade—I’m not arguing with you!